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Groupon Inc (NASDAQ:GRPN) Under Investor Investigation Over Possible Securities Laws Violations In Connection With Certain Statements

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Investigation Overview

April 2, 2012 (Update) -- On March 30, 2012, Groupon announced that it was revising its fourth quarter financial results for the year ending on December 31, 2011. Groupon Inc said that 'the revisions have an impact on both revenue and cost of revenue.' As a result of the announced revisions, the Company's fourth quarter 2011 revenue was reduced by $14.3 million. In addition, Groupon's...



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